News

Chairman of the Work and Pensions Committee (WPC) Frank Field has had a meeting with the Serious Fraud Office (SFO) director about Sir Philip Green.

Defined benefit liabilities have risen by an eye-watering £70bn on the back of the Bank of England's (BoE) decision to cut interest rates and launch a new round of quantitative easing (QE).

A round-up of the key points after yesterday's rate cut by the Bank of England, and the introduction of what one economist dubbed its "bazooka surprise".

This week's top stories were about speculation over a ban on defined benefit (DB) transfers, the Bank of England's interest rate cut, and the closure of advisory firm City Noble.

The government should not impose a blanket ban on members transferring their defined benefit (DB) funds, according to an overwhelming 90% of Pensions Buzz respondents.

Damning research by the Pensions Institute has uncovered a number of ways by which sponsoring employers can shed or avoid their defined benefit (DB) deficits.

The Bank of England's decision to cut interest rates for the first time in seven years will keep gilt yields lower for longer, increasing scheme deficits which are already at record highs.

Paul Trickett has joined Aviva Life as a non-executive director, after stepping down from a number of trustee roles.

Royal Bank of Scotland (RBS) has resumed talks with unions over national insurance (NI) contribution costs being passed onto its 27,000 defined benefit (DB) scheme members.

Transfer values hit a new high in July 2016, as gilt yields fell to a record low, according to Xafinity.